Hydropower Generation Market

Hydropower generation is a world’s largest power stations that harness the energy of moving water to produce electricity. They use dams to create a pool of water above the structure, then one or more pipes give it a path to surge downhill—and, in the process, spin a turbine that runs a generator and sends clean electricity to your home. Although hydropower is a renewable, non-carbon-producing source of electricity, climate change threatens to reduce the availability of some of the water that power stations require for their operation. As a result, it’s crucial to find ways to balance two environmental concerns: the need for clean energy and the need to protect natural habitats from human development.

Market Dynamics:

The global hydropower generation market is expected to grow at a significant pace over the period. The market is largely driven by the rise in demand for clean energy across the globe due to the rapid industrialization and urbanization. Moreover, the increasing need of cleaner technology for power generation and stringent emission policies are also driving the market. Furthermore, the flexibility of hydropower plants to quickly ramp up and down production, along with their ability to be stooped and restarted smoothly when required, is another factor that is fueling growth of this market.

However, high capital investment required for hydropower is expected to hamper the market growth over the forecast period.

Key features of the study:

• This report provides in-depth analysis of the global hydropower generation market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global hydropower generation market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include General Electric (GE) Co., Turbine Generator Maintenance Inc., Toshiba Corporation, Siemens AG, Arani power systems, Elliott Group, TURBOCAM, Doosan Škoda Power, Chola Turbo Machinery International Pvt. Ltd., and Mitsubishi Hitachi Power Systems Americas Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global hydropower generation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hydropower generation market

Detailed Segmentation:

• Global Hydropower Generation Market, By Capacity
  • Small Hydro Power Plant (Above 10MW)
  • Medium Hydro Power Plant (1MW - 10MW)
  • Large Hydro Power Plant (Above 10MW)
• Global Hydropower Generation Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles
  • General Electric (GE) Co.
  • Turbine Generator Maintenance Inc.
  • Toshiba Corporation
  • Siemens AG
  • Arani power systems
  • Elliott Group
  • TURBOCAM
  • Doosan Škoda Power
  • Chola Turbo Machinery International Pvt. Ltd.
  • Mitsubishi Hitachi Power Systems Americas Inc.